📊 $IQ /USDT Technical Outlook 📊
The IQ/USDT pair has shown significant recovery, bouncing back from its recent lows. The chart highlights a clear breakout from the falling wedge pattern, typically a bullish signal. As of now, the pair is trading at $0.0064, up 4.32% for the day.
🔑 Key Insights:
- The pair has rebounded after a prolonged consolidation period, with support levels holding strong at $0.0038and $0.0056
- Resistance levels to watch are $0.0080 and $0.0120
- The breakout from the wedge indicates that bullish momentum could carry IQ/USDT toward higher resistance zones.
With positive momentum in play, traders should watch for entrie if it consolidates further before making another push upward. Let's see how this one plays out! 🚀